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Business Combinations, Goodwill and Other Intangible Assets (Tables) | 3 Months Ended
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Mar. 31, 2018
BUSINESS COMBINATIONS, GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract] |
Summary of Earn-out Payments [Table Text Block] | Earn-Out Payments
($ in millions) | March 31, 2018 | December 31, 2017
Number of acquisitions with earn-out payments subject to the achievement of certain performance criteria | 56 |  | 56 |
Maximum earn-out payments (undiscounted) | $ | 434.6 |  | $ | 436.2 |
Short-term earn-out liabilities (fair value)1 | 45.5 |  | 49.6 |
Long-term earn-out liabilities (fair value)1 | 174.8 |  | 177.5 |
1 Included in Short-term and Long-term acquisition obligations on the Condensed Consolidated Balance Sheets
Movements in Goodwill by Reporting Segment | The following tables detail, by reporting segment, movements in goodwill.
| Real Estate Services |  |  |
(in millions) | Americas | EMEA | Asia Pacific | LaSalle |  | Consolidated
Balance as of December 31, 2017 | $ | 1,412.2 |  | 957.6 |  | 323.0 |  | 16.5 |  |  | $ | 2,709.3 |
Additions, net of adjustments | 6.9 |  | — |  | 0.6 |  | — |  |  | 7.5 |
Impact of exchange rate movements | (0.3 | ) | 29.9 |  | (0.7 | ) | 0.5 |  |  | 29.4 |
Balance as of March 31, 2018 | $ | 1,418.8 |  | 987.5 |  | 322.9 |  | 17.0 |  |  | $ | 2,746.2 |
| Real Estate Services |  |  |
(in millions) | Americas | EMEA | Asia Pacific | LaSalle |  | Consolidated
Balance as of December 31, 2016 | $ | 1,406.1 |  | 851.7 |  | 306.1 |  | 15.4 |  |  | $ | 2,579.3 |
Additions, net of adjustments | 2.8 |  | 17.7 |  | 5.5 |  | — |  |  | 26.0 |
Impact of exchange rate movements | 0.1 |  | 12.2 |  | 6.5 |  | 0.2 |  |  | 19.0 |
Balance as of March 31, 2017 | $ | 1,409.0 |  | 881.6 |  | 318.1 |  | 15.6 |  |  | $ | 2,624.3 |
Movements in Gross Carrying Amount and Accumulated Amortization of Finite-Lived Intangible Assets | The following tables detail, by reporting segment, movements in the gross carrying amount and accumulated amortization of our identifiable intangibles.
| MSRs |  | Other Intangibles |  |
(in millions) | Americas |  | Americas | EMEA | Asia Pacific | LaSalle |  | Consolidated
Gross Carrying Amount |  |  |  |  |  |  |  |
Balance as of December 31, 2017 | $ | 241.8 |  |  | 117.0 |  | 88.8 |  | 23.3 |  | — |  |  | $ | 470.9 |
Additions, net of adjustments (1) | 10.7 |  |  | 0.6 |  | — |  | — |  | — |  |  | 11.3 |
Adjustment for fully amortized intangibles | (1.9 | ) |  | — |  | — |  | — |  | — |  |  | (1.9 | )
Impact of exchange rate movements | — |  |  | — |  | 3.1 |  | (0.1 | ) | — |  |  | 3.0 |
Balance as of March 31, 2018 | $ | 250.6 |  |  | 117.6 |  | 91.9 |  | 23.2 |  | — |  |  | $ | 483.3 |
Accumulated Amortization |  |  |  |  |  |  |  |  |  |  |  |  |
Balance as of December 31, 2017 | $ | (55.1 | ) |  | (61.3 | ) | (43.1 | ) | (6.4 | ) | — |  |  | $ | (165.9 | )
Amortization, net (2) | (10.4 | ) |  | (3.4 | ) | (3.3 | ) | (0.7 | ) | — |  |  | (17.8 | )
Adjustment for fully amortized intangibles | 1.9 |  |  | — |  | — |  | — |  | — |  |  | 1.9 |
Impact of exchange rate movements | — |  |  | 0.1 |  | (1.5 | ) | — |  | — |  |  | (1.4 | )
Balance as of March 31, 2018 | $ | (63.6 | ) |  | (64.6 | ) | (47.9 | ) | (7.1 | ) | — |  |  | $ | (183.2 | )
Net book value as of March 31, 2018 | $ | 187.0 |  |  | 53.0 |  | 44.0 |  | 16.1 |  | — |  |  | $ | 300.1 |
(1) Included in this amount for MSRs was $2.7 million relating to prepayments/write-offs due to prepayments of sold warehouse receivables for which we retained the servicing rights. (2) Amortization of MSRs is included in Revenue before reimbursements within the Condensed Consolidated Statements of Comprehensive Income.
| MSRs |  | Other Intangibles |  |
(in millions) | Americas |  | Americas | EMEA | Asia Pacific | LaSalle |  | Consolidated
Gross Carrying Amount |  |  |  |  |  |  |  |
Balance as of December 31, 2016 | $ | 193.1 |  |  | 167.1 |  | 91.1 |  | 24.2 |  | 0.1 |  |  | $ | 475.6 |
Additions, net of adjustments | 20.0 |  |  | 0.2 |  | 2.4 |  | 6.9 |  | — |  |  | 29.5 |
Adjustment for fully amortized intangibles | (3.4 | ) |  | (50.0 | ) | (7.7 | ) | (8.0 | ) | (0.1 | ) |  | (69.2 | )
Impact of exchange rate movements | — |  |  | — |  | 1.2 |  | 0.6 |  | — |  |  | 1.8 |
Balance as of March 31, 2017 | $ | 209.7 |  |  | 117.3 |  | 87.0 |  | 23.7 |  | — |  |  | $ | 437.7 |
Accumulated Amortization |  |  |  |  |  |  |  |  |  |  |  |  |
Balance as of December 31, 2016 | $ | (32.3 | ) |  | (98.7 | ) | (38.0 | ) | (11.5 | ) | (0.1 | ) |  | $ | (180.6 | )
Amortization, net (1) | (9.8 | ) |  | (3.5 | ) | (3.5 | ) | (0.6 | ) | — |  |  | (17.4 | )
Adjustment for fully amortized intangibles | 3.4 |  |  | 50.0 |  | 7.7 |  | 8.0 |  | 0.1 |  |  | 69.2 |
Impact of exchange rate movements | — |  |  | 0.1 |  | (0.7 | ) | (0.1 | ) | — |  |  | (0.7 | )
Balance as of March 31, 2017 | $ | (38.7 | ) |  | (52.1 | ) | (34.5 | ) | (4.2 | ) | — |  |  | $ | (129.5 | )
Net book value as of March 31, 2017 | $ | 171.0 |  |  | 65.2 |  | 52.5 |  | 19.5 |  | — |  |  | $ | 308.2 |
(1) Amortization of MSRs is included in Revenue before reimbursements within the Condensed Consolidated Statements of Comprehensive Income.
Future Amortization Expense for Finite-Lived Intangible Assets | The remaining estimated future amortization expense of MSRs and other identifiable intangible assets, by year, as of March 31, 2018, is presented in the following table.
(in millions) | MSRs | Other Intangibles |  | Total
2018 (9 months) | $ | 22.4 |  | 22.2 |  |  | $ | 44.6 |
2019 | 29.2 |  | 23.8 |  |  | 53.0 |
2020 | 26.8 |  | 19.3 |  |  | 46.1 |
2021 | 23.0 |  | 12.5 |  |  | 35.5 |
2022 | 20.1 |  | 6.6 |  |  | 26.7 |
2023 | 16.6 |  | 4.3 |  |  | 20.9 |
Thereafter | 48.9 |  | 15.6 |  |  | 64.5 |
Total | $ | 187.0 |  | 104.3 |  |  | $ | 291.3 |

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